asset owners Archives

Performance Perspectives – September 2022

by TSG | Sep 14, 2022 | asset owners, money-weighted return, Performance Perspectives Newsletter, time-weighted return

VOLUME 18 – ISSUE 9 September 2022 Download PDF...

Is Uber a poster child for GIPS compliance?

by David Spaulding | Nov 27, 2017 | asset owners, GIPS, Global Investment Performance Standards, Investment Performance Guy

In the spirit of the GIPS(R) standards, let’s begin with a bit of “full disclosure.” I’m one of the 17 Americans who have yet to use Uber. Furthermore, I’m not a fan. And why is that? Well, taxi owners in New York City must spend...

How to assess a pension fund’s performance

by David Spaulding | Jul 31, 2017 | pension funds, asset owners, GIPS, Global Investment Performance Standards, Investment Performance Guy, IRR, money-weighted return, performance measurement, time-weighted return, time-weighting

This is the time of year when many pension funds report their returns for the prior fiscal year. And often, the reported returns were calculated using a time-weighted method. But, is this appropriate? Or, perhaps, is more needed? In my way of thinking, pension...

What question does the GIPS for Asset Owners composite return answer?

by David Spaulding | May 25, 2017 | asset owners, GIPS, Global Investment Performance Standards, internal rate of return, Investment Performance Guy, IRR, performance measurement, time-weighted return, time-weighting, TWR

The revised GIPS for Asset Owners guidance statement hasn’t yet been finalized, but we can pretty much expect that the time-weighted composite return requirement will remain. At a recent NYSSA (New York Society of Security Analysts) GIPS program, that I...